(CNN) — Billionaire Charlie Munger is bankrolling the design of a massive dormitory at the University of California, Santa Barbara. In the letter, he said Munger Hall doesn’t reflect the beachfront location as an integral part of campus culture and identity. Munger Hall is planned as an 11-story building that would provide more than 4,500 beds for undergraduates. “While the bedroom may be ‘just good enough,’ the entirety of the experience makes it exceptional — ‘our town in the sky,'” the October UCSB design review committee report said. Banvard said Munger Hall is a collaborative process between UCSB, Munger and the design team.

Source: CNN November 02, 2021 15:52 UTC